libya-oil

Sahara: UN Security Council briefed on challenges to UN-led political process

The UN Security Council was briefed on Tuesday behind closed doors by MINURSO Chief Alexander Ivanko and UN Sahara envoy Staffan de Mistura on latest developments on the ground, the stands of all parties to the conflict, and the challenges facing the UN-led process to achieve a lasting & peaceful solution to the Sahara issue. […]

FLSmidth Wins 1st Operation & Maintenance Contract in Morocco

FLSmidth has won a five-year contract from Moroccan Phosphates Office (OCP) to operate port equipment for handling phosphate, fertilizers, and sulphur. The port is located in Jorf Lasfar, El Jadida, 100 km south of Casablanca. The contract marks FLSmidth’s first Operation & Maintenance contract in Morocco, the Copenhagen-headquartered company said in a press release. FLSmidth […]

Controversy Surrounds IMF-EGYPT $12 billion Loan Deal

The International Monetary Fund (IMF) recently reached an initial agreement to lend $12 billion to Egypt to bolster an economy battered by years of unrest, a move that was denounced by some activists who see the loan terms will further cripple the Egyptian economy. A letter by a number of political groups and figures was […]